It’s been a while since we have treated ourselves (and we hope you) to one of our occasional pieces on applying basic economic concepts to problems in higher education. It’s been a while since we have ...

Here is another crazy, anti-competitive regulation to blame on alcohol wholesalers: Under Texas law, brewpubs may serve beer or sell it directly to the public for home consumption, but they are ...

Can a company be monopolistic even though it does not exclude competition? Last week the U.S. Supreme Court said yes. In a unanimous decision which greatly broadened the definition of monopoly, the ...

How does one reconcile a belief in the power of economic dynamism — that it takes “maximum competitive intensity” in business to really drive growth and innovation — with a deep skepticism that what ...

Three firms dominate the target date fund market, constituting an oligopoly. One firm – Vanguard – owns 72% of the passive TDF market, constituting a monopoly. Oligopolies and monopolies are bad. They ...